Loudoun County has been awarded $8 million by Virginia Housing to help first-time homebuyers. This allocation, through the Sponsoring Partnerships and Revitalizing Communities (SPARC) program, will provide lower interest rates on homeownership loans in the county.
To qualify for the Sponsoring Partnerships and Revitalizing Communities (SPARC) Program, the prospective homebuyer must meet the following criteria:
Submit required documents to Loudoun County’s Department of Housing and Community Development. Required documents are: